July was a really good income month but a crazy expense month (see spreadsheet screenshot).
Our total income in July was $13,450.39. In addition to our two regular paychecks, I received a bonus (monthly and quarterly combined) of $4,482.97 gross ($2,56063 net). We also got a $450 monthly auto allowance from my company, $66.95 mileage reimbursement and $44.99 in internet reimbursement from my wife’s company. We earned $2.31 in interest income from our savings account.
This month, our expenses were exceeded our income (thank God last month was an awesome income month). We spent a total of $16,394.01 in July. Big ticket items include $2,000 extra in mortgage payments, $1,400 in tithe, and $1,776.81 in household items.
Next month should be a good income month. In addition to our regular paychecks, I should will receive around $1,600 gross in monthly bonuses.